Wayne M. Coll - 31 Mar 2024 Form 4 Insider Report for PRECISION OPTICS CORPORATION, INC. (POCI)

Role: Chief Financial Officer
Signature: /s/ Wayne M. Coll
Issuer symbol: POCI
Transactions as of: 31 Mar 2024
Net transactions value: +$28,420,238
Form type: 4
Filing time: 11 Feb 2025, 16:15:13 UTC
Previous filing: 15 Jun 2023
Next filing: 16 Aug 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	POCI	Common Stock	Award	$7,275,973	+1,081	+25%	$6730.78	5,398	31 Mar 2024	Direct	F1
transaction	POCI	Common Stock	Award	$5,994,240	+1,039	+19%	$5769.24	6,437	30 Jun 2024	Direct	F1
transaction	POCI	Common Stock	Award	$7,471,166	+1,110	+17%	$6730.78	7,547	30 Sep 2024	Direct	F1
transaction	POCI	Common Stock	Award	$7,678,858	+1,331	+18%	$5769.24	8,878	31 Dec 2024	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On June 12, 2023, the reporting person entered into an Employment Agreement with the Issuer that permits the Issuer to substitute up to $25,000 per annum in common stock in lieu of cash. The issuer elected this provision effective January 1, 2024. Under the terms of the agreement, the stock is priced at the quarterly volume weighted average price which was $5.78 for the quarter ended March 31, 2024, $6.01 for the quarter ended June 30, 2024, $5.63 for the quarter ended September 30, 2024 and $4.70 for the quarter ended December 31, 2024. Share purchases are based on payroll withholdings for the relevant quarters. Shares were issued on January 29, 2025.

Content

On June 12, 2023, the reporting person entered into an Employment Agreement with the Issuer that permits the Issuer to substitute up to $25,000 per annum in common stock in lieu of cash. The issuer elected this provision effective January 1, 2024. Under the terms of the agreement, the stock is priced at the quarterly volume weighted average price which was $5.78 for the quarter ended March 31, 2024, $6.01 for the quarter ended June 30, 2024, $5.63 for the quarter ended September 30, 2024 and $4.70 for the quarter ended December 31, 2024. Share purchases are based on payroll withholdings for the relevant quarters. Shares were issued on January 29, 2025.